Latest / Sacramento News Today | 2 Min News | The Daily News Now!
Inflation Cooling, Fed Pauses Ahead | Sacramento News
Inflation’s cooling trend continues as July data shows a 3.4% annual rate—down from May’s peak of 4.2% and below expectations, hinting at easing price pressure. Core inflation also dipped to 2.5%, fueling hopes that May may have been the high point. With a weak jobs report adding to uncertainty, the Fed is likely to pause its rate hikes ahead of September’s decision, balancing inflation control with job market support. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.